(Newser)
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"Playing the 'China card' is not inspired, and cannot save the US economy," China's main state-run newspaper warns in an editorial slamming both President Obama and Mitt Romney for competing to see "who can be toughest on China." The People's Daily accuses the candidates of displaying "short-sightedness" by concentrating on trade protectionist measures instead of competing to see who has a more "strategic vision" on US-China ties or "who can strengthen cooperation to resolve US economic problems."

The paper calls it a "tragedy" that the candidates are ignoring America's real economic problems, but predicts that whoever wins will adopt a different stance when the election is over, and they stop "playing to the crowd," Reuters notes. "No matter who wins, once they get into the White House they will have to return to reality, as in the final analysis the United States needs China's cooperation on a great number of issues," the paper notes. "But those vicious words will be a millstone." (Read more China stories.)

"BEING TOUGH ON CHINA WON'T SOLVE US PROBLEMS" Not the corruption related ones, but many of the economic ones would be gone nearly overnight. Well, if we get tough on all outsourcing to all countries it would.

LoginsSuck

Jun 28, 2012 10:58 AM CDT

China: What are you doing? Why are you bringing me into this?

ddhartma

Jun 28, 2012 9:12 AM CDT

China owns just less than 50% of our debt (not counting all of the property and businesses they own here as well). They will not sit quietly while our leaders (or future leaders) prattle on about how "tough" they are going to be on our true rich overlords. Just think of the financial crisis in our nation, should they choose to embargo their supplies to us.